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Key people at Solutions by stc.
Solutions by stc operates as a prominent ICT services provider, delivering integrated, end-to-end IT solutions across various sectors. The company specializes in system integration, cloud services, IoT digital solutions, and managed services, aiming to facilitate comprehensive digital transformation for its clients. Its technical approach focuses on enabling businesses with robust infrastructure and innovative platforms to optimize operations and drive efficiency in an increasingly digital landscape.
Established in 2003, Solutions by stc emerged to address the growing demand for specialized technology services within the broader digital evolution. As a subsidiary of the stc Group, its formation leveraged the parent company's extensive telecommunications infrastructure and market presence, creating a dedicated entity to develop and implement advanced digital solutions. This strategic spin-off allowed for a focused approach to enterprise-grade ICT development.
The company serves a diverse client base, primarily comprising enterprises and various segments of Saudi society, assisting them in navigating complex digital challenges. Solutions by stc envisions creating a dynamic digital ecosystem that empowers businesses to achieve sustainable growth and embrace innovation. Its long-term objective is to be a key enabler of digital transformation, fostering technological advancement for its customers regionally and globally.
Key people at Solutions by stc.
Solutions by stc has 1 tracked investment across 1 company. The latest tracked deal is $180.0M Series C in Nile in July 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 1, 2023 | Nile | $180.0M Series C | March Capital, Sanabil Investments | Elsewhere Partners, Pankaj Patel, 8VC, Firstu Capital, Geodesic Capital, Liberty Global Ventures, Prosperity7 Ventures, Valor Equity Partners |